Teja Engineering Industries IPO

About Teja Engineering Industries Limited IPO

The Teja Engineering Industries Limited IPO opens on Tuesday, June 30, 2026 and closes on Thursday, July 2, 2026. The allotment of shares will take place on Friday, July 3, 2026. The credit of shares to the demat account will take place on Monday, July 6, 2026. The initiation of refunds will take place on Monday, July 6, 2026. The listing of shares will take place on Tuesday, July 7, 2026.

The offer consists of a fresh issue component. The fresh issue will include 16,12,800 shares (net of market maker reservation) aggregating up to ₹35 crores. The total market maker reservation includes 85,200 shares aggregating to ₹2 crores. The total issue comprises 16,98,000 shares aggregating up to ₹37 crores.

Teja Engineering Industries Limited IPO's price is set at ₹220 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by a retail investor is ₹2,64,000 (1 lot of 600 shares based on issue price of ₹220). The lot size investment required by HNI is 3 lots (1,800 shares), amounting to ₹3,96,00. The Company provides comprehensive technical services across the Oil & Gas, Power, and Energy sectors including Operation & Maintenance, Erection & Commissioning, and specialised testing services.

Objectives of Teja Engineering Industries IPO

• Funding Capital Expenditure requirements for the purchase of equipment/machineries.
  
• Funding the Working Capital requirement.
  
• General Corporate Purpose.
  

Industry Outlook

The Oil & Gas, Power, and Energy sectors in India are experiencing sustained growth driven by infrastructure development, renewable energy expansion, and increasing demand for efficient energy distribution networks. India's commitment to energy security and the transition to cleaner fuels has led to significant investments in natural gas infrastructure and CNG distribution networks.

The demand for specialised Operation & Maintenance services has grown as operators prioritize equipment reliability and uptime. Gas compression infrastructure, pipeline systems, and CNG stations require continuous technical expertise. Companies providing specialized engineering services including O&M, commissioning, and technical support are well-positioned to benefit from this expanding market. The sector offers significant opportunities for service providers with technical capabilities and established relationships with public sector undertakings and large industrial operators.

About Teja Engineering Industries Limited

Teja Engineering Industries Limited is a specialized engineering services company incorporated on April 17, 2023, based in Bharuch, Gujarat. The Company acquired the ongoing business of Teja Engineering Services (Proprietorship Concern) in July 2023, establishing a seasoned business with established client relationships and operational expertise. Registered office is located at A/14 Shantiniketan Society, Bharuch, Gujarat, India.

The Company provides comprehensive technical services across the Oil & Gas, Power, and Energy sectors. Primary service offerings include Operation & Maintenance (O&M) contracts, Erection & Commissioning (E&C) project works, installation of stainless-steel tubing, equipment overhauling, and specialized testing including instrument calibration and pressure vessel thickness testing. The Company serves Original Equipment Manufacturers (OEMs), CNG compressor packagers, and public sector undertakings involved in gas distribution and energy infrastructure. Geographic presence spans across multiple Indian states including Gujarat, Maharashtra, Telangana, Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, and others, enabling the Company to deliver technical knowledgeable manpower and execution support for CNG stations, gas compression plants, and natural gas distribution infrastructure.

Strengths of Teja Engineering Industries

• The company has established a strong pan-India presence, enabling broad market reach and efficient service delivery across regions.
• The company maintains a strong focus on quality standards and industry accreditations, enhancing its reputation and customer confidence.
• The company is led by an experienced management team with deep industry knowledge and proven execution capabilities.
• The company has developed long-standing relationships with customers, supporting repeat business and sustainable growth.
• The company benefits from its established market position and operational capabilities, enabling it to capitalize on industry opportunities.

Risks of Teja Engineering Industries

• Any major disruption to information technology systems or breach of data security could adversely affect the company's business operations and financial performance.
• The company's projects require significant deployment of labour, and any shortage or unavailability of skilled workforce could impact project execution and operations.
• A significant portion of the company's revenue is derived from a limited number of geographical regions, exposing it to regional economic and market-related risks.
• Any slowdown in demand, adverse economic conditions, or increased competition in key operating markets could negatively impact the company's growth and profitability.

Anchor Investor Bidding Date

Anchor investor allocation is not applicable for this SME IPO.

Teja Engineering IPO Registrar
KFIN Technologies Limited
Email: teja.ipo@kfintech.com
Phone: +91 40 6716 2222

Book Running Lead Manager
Interactive Financial Services Limited

Teja Engineering Industries Contact Details
A/14 Shantiniketan Society, N/r Shravan Chokdi, Bharuch,
Gujarat, India 392001.
Email: info@tejaengineering.com
Phone: 02642-239705

Teja Engineering Industries Limited Business Model

The Company earns its revenue through providing specialised engineering and technical services across the Oil & Gas, Power, and Energy sectors. Primary revenue streams include Operation & Maintenance (O&M) contracts representing 93.57% of revenues, Erection & Commissioning (E&C) projects, equipment installation, testing and calibration services, and overhauling operations.

The Company operates on a project and contract basis with clients, primarily public sector undertakings and large industrial operators requiring specialized technical expertise. Revenue recognition is based on service delivery and contractual milestones. The business model emphasises long term client relationships through reliable technical support, consistent service quality, and cost-effective solutions tailored to specific customer requirements.

Teja Engineering Industries Limited Growth Trajectory

The Company's Total Income for FY25 was ₹55.23 crores, whereas in FY24 it was ₹31.62 crores. The Profit After Tax for FY25 was ₹4.02 crores, whereas in FY24 it was ₹2.16 crores.

The EBITDA for FY25 was ₹6.86 crores, whereas in FY24 it was ₹3.74 crores.

Teja Engineering Industries Limited Market Position

The Company operates with a geographic footprint extending across multiple Indian states including Gujarat, Maharashtra, Telangana, Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Goa, Madhya Pradesh, Rajasthan, Odisha, West Bengal, Bihar, and Jharkhand. The Company has established relationships with public sector undertakings and major industrial operators in the energy infrastructure sector.

Technical capabilities encompass hazardous operations compliance, pressure equipment handling, and specialised commissioning services required for CNG and gas infrastructure projects. The Company has successfully managed complex projects across diverse geographies while maintaining operational discipline and safety standards.

As of March 31, 2025, the Company's Total Income, Profit After Tax, and EBITDA stood at ₹55.23 crores, ₹4.02 crores, and ₹6.86 crores, respectively.

How to apply for Teja Engineering Industries Limited IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.